Angus Energy Share Discussion Threads

[bionicdog] 28/6/2024 08:50

"Great results and very positive outlook. Market cap has clear 5-10 fold upside."

I blame the education system.

[bionicdog] 28/6/2024 08:23

Not very clear is it.

[jtidsbadly] 28/6/2024 08:23

1347: the strike prices at which the Mercuria hedges have been transferred to Trafigura appear to have been reduced substantially. In addition, there’s 4 new hedges to compensate Mercuria for Angus’s non-performance on earlier hedges. Angus made an operating loss in the half year. They’re looking abroad at three places for new investments. Sven is in the Chateau d’If, only Pierre of the potential financiers to Vast identified by michaelsadvfn is at liberty: perhaps Angus has identified him as a source of lucrative new opportunities in lower-tax jurisdictions, what? And yes, I think 0.33 is a new all-time low, isn’t it?

[onetomany] 28/6/2024 08:23

Little fibber. You've already read them and now googling to see what it all means. Great results and very positive outlook. Market cap has clear 5-10 fold upside.

[1347] 28/6/2024 08:13

Might read the interims later but it's clear there is no investment case here, most of the cash is flowing to creditors and related parties. share price quite a bit down already.

[onetomany] 28/6/2024 07:46

Thanks a lot John. Based on your insights I checked now and you're correct. Results out today. What a relief.

[jtidsbadly] 27/6/2024 08:32

The Angus interims should be out tomorrow or on Monday. Similarly the (normally) more informative Angus Weald Basin 3 Accounts. And Knowe Properties’, for what they’re worth, should follow shortly.

[1347] 19/6/2024 10:09

JT No not many laughs to be had now, just a slow gradual drift down of the gas volume and share price. I do expect some more corporate activity at some point though as I don't see the company being viable in the long term with the declining revenue, increasing costs, and the debt and royalties it currently has to deal with.

[jtidsbadly] 19/6/2024 08:26

1347: many thanks for this.

Re today’s RNS,, It’s no fun any more is it? Just a lot of (ill-fitting) suits. No panache. No style. No amusing leering at the gorgeous pouting Katy. No pink tanks. No shooting off of fingers. All traces of them departed three months ago and they’ve replaced the last of them with this bloke. A Cuthbert Cringeworthy to Mr. ’erbert’s ‘erbert what?

[1347] 06/6/2024 06:04

JT They are available in ADVFN. If you click on the More Option on the menu above towards the right there's an option for Trades. On that screen you can enter the Epic and there they are. The Real Time screen times out quite quickly unless you have an certain subscription but the Historic screen allows you to go back and get all the trades for a particular date with buttons for Earlier or Later. Strange that they mostly have just two date and times for yesterday.

PS: Just checked the trade flags and they are SI trades which means Systematic Internaliser trades and relate to an investment firm which executes client orders OTC (or off exchange) on its own account on a frequent, systematic and substantial basis. Still don't know who's behind them though.

[jtidsbadly] 05/6/2024 21:48

1347: I haven’t got access to detailed share trade data. From the list of trades in Kansas, it looks like a pretty regular drip of small trades through the day.

Yes, it’s more mis-direction, isn’t it?

[1347] 05/6/2024 18:54

I'm sure in the true spirit of the hokey cokey assets it will be: you put your left foot in, your left foot out.... that's what it's all about.

I doubt it will be long before they are back to just getting water out to inject it back in again, like last time.

What do you make of the trades today, most have come in two batches with times at 11:20:35 and 15:20:11, then they stop altogether? Is someone chunking them up to hide what they are doing?

[jtidsbadly] 05/6/2024 18:12

The wonderful news from Brockham has been greeted with a big yawn. The previous Pen Holder would have managed it better. It needs an injection of enthusiasm, what? Can we expect the exciting prospect that is Lidsey to be put back in the frame again soon? Then it will be time for another sidetrack at Poundland. That will be worth watching, won’t it? I wonder what’s in the Offtake Agreement and the new hedge arrangements with Trafigura. When’s the next Q&A?

[bionicdog] 05/6/2024 13:30

No , half full of water.

[bbd2] 05/6/2024 13:18

Always barrel half empty.

[shareprofessor] 05/6/2024 12:56

1347 greets every piece of positive news with vitriol, his suffering is amusing.

[1347] 05/6/2024 10:43

48 BOPD on initial flow after a long PBU is above expectations? Don't make me laugh. From the Annual Report to 30 September 2022.

"A Field Development Plan was also submitted to this effect to the NSTA which was approved. Recompletion of the BR X4Z well as a Portland producer is slated for the end of Q2 2023 which will increase production to circa 150 bopd."

Now you watch how quickly that 48 BOPD goes down and how much the water cut increases.

[bbd2] 05/6/2024 08:12

Nice little surprise with flow rates above expectations.

[hopeful25] 05/6/2024 06:18

Bloody 🤩 marvellous! Watch it go!!!!

[kwizza] 05/6/2024 06:11

Brockham field back up and running

[jtidsbadly] 31/5/2024 21:35

Yes, we’ve been talking about these three (UKOG, Vast, Angus) as likely candidates for more than six months now. It still seems likely they’ll collapse in that order. As you know, I agree about the absence of any effective regulation and about the greed of market practitioners.

[1347] 31/5/2024 20:42

JT Yes I have seen them and it doesn't surprise me. During the day the rampers are trying to pump the price up for insiders to sell down, hence the late trades. The market manipulators and company brokers are only too happy to go along with this as they get paid on any trades and it allows them to also offload any excess stock they have.

The basic issue is that there is not a proper market on a lot of AIM stocks, the company fundamentals have gone out of the window and there is simply too much manipulation going on and there is no no effective regulation. As I've said many times, it's systemically corrupt, as is the political system in the UK.

I expect quite a few AIM stocks to fold in 2024, UKOG and VAST are front runners.

[jtidsbadly] 31/5/2024 19:46

The jayhawkers seem to think that the recent reduction in GSA’s short position in Vast means that GSA think it may bounce from these levels. I think it’s at least equally likely that they think it may get suspended soon.